Today’s product lifecycle is moving at a speed like never before. A need to keep up with the competition coupled with consumer demand is setting this pace and turning it into a cycle that will not slow anytime soon. With more and more businesses rushing their products to market in order to keep up with this pace, bringing visibility to quality becomes a challenge.
With the product lifecycle moving so fast, many organizations may ask the question, “how can we effectively measure quality?” What can an organization do to keep up with this new pace of business while ensuring the visibility that quality deserves? The answer is Risk Management.
Risk Management within the Quality Management System enables an organization to systematically make decisions in a fast-paced world. It provides a quantifiable method of managing risk—something tangible to look back on (essentially a road map). This “map” shows where risk is present and how to effectively manage it throughout the product lifecycle. It allows organizations to benchmark risk at the design level and process level. It also allows them to do this at the enterprise level to make decisions as a whole beyond Quality—reaching into Governance, Human Capital (HC), Finance, and beyond.
This White Paper will look at how Risk Management provides the framework for handling adverse events in a systematic way—from design, to post-market events, to tracking and trending risk across the enterprise.
With the product lifecycle moving so fast, many organizations may ask the question, “how can we effectively measure quality?” What can an organization do to keep up with this new pace of business while ensuring the visibility that quality deserves? The answer is Risk Management.
Risk Management within the Quality Management System enables an organization to systematically make decisions in a fast-paced world. It provides a quantifiable method of managing risk—something tangible to look back on (essentially a road map). This “map” shows where risk is present and how to effectively manage it throughout the product lifecycle. It allows organizations to benchmark risk at the design level and process level. It also allows them to do this at the enterprise level to make decisions as a whole beyond Quality—reaching into Governance, Human Capital (HC), Finance, and beyond.
This White Paper will look at how Risk Management provides the framework for handling adverse events in a systematic way—from design, to post-market events, to tracking and trending risk across the enterprise.